Rye Patch Gold Corp crosses below 20-day moving average

Rye Patch Gold Corp closed sharply lower Friday, dropping $0.02 or 5.77% to $0.25 and crossing below its 20-day moving average. Shares have lost 2.00% over the last five days, but have gained 88.46% over the last year to date. This security has outperformed the S&P TSX by 63.13% during the last year.

About

Rye Patch Gold Corp. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties in Nevada, the United States through its

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subsidiary, Rye Patch Gold US Inc. The Company's activities are focused on over two geological trends in Nevada, including Oreana Trend and Cortez Trend. The Oreana Trend includes Lincoln Hill Resource project and Wilco Resource project. The Cortez Trend includes Garden Gate Pass-exploration drilling and Patty-exploration drilling. The Lincoln Hill Resource project consists of a patented lode claim and unpatented mining claims. Lincoln Hill Resource Project includes Gold Ridge Property and Independence Hill Property. The Wilco property is located approximately 160 kilometers northeast of Reno, Nevada. The Garden Gate Pass Property consists of unpatented lode claims. The Patty project consists of over 620 unpatented lode claims. The Company operates in Canada and the state of Nevada in the United States of America.

Profit

Net Profit (TTM)

-23.28%

Although this company's net profit margin is negative, it is above the industry average and implies that Rye Patch Gold Corp is operating more effectively than other companies in the industry. Company Books

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